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Show J. C. PENNEY CO. SHOWS INCREASE IN FEBRUARY SALES GAINS MILLION AND , HALF IN FEBRUARY OVER FEBRUARY, 1927 Gross Sales of the J. C. Penney Company for the month of February, 1928, were $8,906,407.26 as compared with gross sales of $7,490,834.00 for the same period of 1927. The gain was $1,415,572.40 or an increase of 18.9 per cent." Cumulative gross sales since the first of the year were $16,635,354.32 as Compared with cumulative gross sales for the same period of 1927 of: $13,821,494.70. Cumulative increase over the same period of 1927 was $2,813,859.62 or a gross gain of 20.36 per cent. Comparative sales for the month of February, 1928, were $7,954,396.29' as against $7,166,433.12 for the same' period on the same stores in 1927. The comparative gain was $787,963,-! 17 or an increase of 11 per cent. Cumulative comparative increase since the first of the year was $1,-: 445,072,75 or a gain of 10.82 per cent. i A recent announcement by the company states that a new warehouse is now under construction in St. Louis, which will be opened as soon as it can be completed to take care of 'the rapidy increasing volume of business of the company in the Central Cen-tral and Southwest. |
